11, OLDBURY AVENUE, CHELMSFORD, CM2 7EB - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 OLDBURY AVENUE is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £485,000 in August 2019, which was around 17% below the average August 2019 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

11 OLDBURY AVENUE Sold Prices

Land registry data shows four sales for 11 OLDBURY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the four 11 OLDBURY AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 2 AUG	£485,000	£584,039	17% below HPI
2011 16 DEC	£305,000	£371,183	18% below HPI
1999 28 JUL	£143,000	£149,452	4% below HPI
1997 29 MAY	£110,500	£116,590	5% below HPI

11 OLDBURY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The four 11 OLDBURY AVENUE sales between May 1997 and August 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 OLDBURY AVENUE?

11 OLDBURY AVENUE is 90m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses in Chelmsford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelmsford, and where 11 OLDBURY AVENUE lies on this distribution: 20% of detached houses are smaller than 11 OLDBURY AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Chelmsford.

11 OLDBURY AVENUE: Plot and Title Map

11 OLDBURY AVENUE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 11 OLDBURY AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 OLDBURY AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 OLDBURY AVENUE?

11 OLDBURY AVENUE is located in CHELMSFORD, in the CM2 postcode district. The below map shows the position of No. 11 on OLDBURY AVENUE.